Stock Market

TSLA – Is This Whole Rally Just a Correction? Trend Test and $29

TSLA – Is This Whole Rally Just a Correction? Trend Test and $29

The entire rally from the April 7 low may be a corrective wave.Corrective structures often take complex shapes and can be deceptive.Despite the chance of testing $420 if $367 breaks on a gap-up open, a weak start or lack of volume could send the price down to retest the ascending trendline.If the trendline breaks, $295 […]

TSLA – Is This Whole Rally Just a Correction? Trend Test and $29 Read More »

BURL – Final Wave 5 in Rising Channel, Fake Breakout Possible

BURL – Final Wave 5 in Rising Channel, Fake Breakout Possible

BURL has completed a full 5-wave advance within a rising channel, ending in wave (v) of C. Current price is testing the top of the channel with a minor upper wick breakout — a common occurrence in wave (5) tops. Historically, wave (5) often ends with a fake breakout above the channel, followed by a

BURL – Final Wave 5 in Rising Channel, Fake Breakout Possible Read More »

HSBC (HSBC) – $54 Risk Zone if ABC Correction Is Triggered HSBC

HSBC (HSBC) – $54 Risk Zone if ABC Correction Is Triggered HSBC

HSBC is currently trading within a rising wedge, but a potential short-term drop of approximately 5% could trigger a full ABC correction pattern. This scenario is not confirmed yet, as the chart remains structurally bullish. However, should the price reverse and break below the rising channel, it would likely mark the start of wave C,

HSBC (HSBC) – $54 Risk Zone if ABC Correction Is Triggered HSBC Read More »

Altria Group (MO) – Rising Inside Ending Diagonal

Altria (MO) is advancing within a rising ending diagonal structure. After completing wave 5 of wave C, price is currently moving upward within the wedge. Although there is no contact yet with the lower diagonal boundary, a third test remains structurally possible. Such formations often invite a final pullback to the base before resolution. This

Altria Group (MO) – Rising Inside Ending Diagonal Read More »

Merck könnte den Boden des fallenden Kanals testen

Merck könnte den Boden des fallenden Kanals testen

Sowohl die Wellenzählung als auch die Formation deuten darauf hin, dass beim Durchbruch der 113-Marke das erste Ziel der Kanalboden bei ca. 115 EUR sein wird. Ein Bruch dieser Zone könnte weitere Bewegungen nach unten oder eine Umkehr bestätigen. 📉🔍 MRK stock price by TradingView DisclaimerThe information and publications on CakirInsights.com do not constitute and

Merck könnte den Boden des fallenden Kanals testen Read More »

Thyssenkrupp AG Impulse Nearing Completion

The impulsive move is close to ending, indicating a potential reversal. A minimum 9% pullback could be expected. Traders should watch for confirmation signals before taking action. 📉🔍 750000 stock price by TradingView DisclaimerThe information and publications on CakirInsights.com do not constitute and should not be considered as financial, investment, trading, or any other form

Thyssenkrupp AG Impulse Nearing Completion Read More »

Bildet Thyssenkrupp AG eine Diagonal Ending Formation?

Bildet Thyssenkrupp AG eine Diagonal Ending Formation?

Zwischen 9-10 EUR hat sich eine kleine diagonale Struktur gebildet, gefolgt von einem Rückgang auf ca. 8,5 EUR. Falls diese kleine Diagonale zur Hauptwelle gehört, könnte der Kurs von 9,25 EUR zurück auf ca. 8,2 EUR fallen. Sollte sie jedoch nicht zur Hauptwelle gehören, könnte sich der Preis zunächst in der 10,5-11 EUR-Zone bewegen, bevor

Bildet Thyssenkrupp AG eine Diagonal Ending Formation? Read More »

cakirinsights.com Viking Therapeutics Rejecting This Price Level

Viking Therapeutics Rejecting This Price Level

Before testing the $30 region, Viking is likely to retest the descending trendline around $34. This move could represent a 10% gain in the short term. If the descending trendline breaks, the next potential target would be $44, signaling a strong bullish continuation. Keep an eye on price action and volume confirmation! 📈🔥 VKTX stock

Viking Therapeutics Rejecting This Price Level Read More »

cakirinsights.com technical analysis elliott wave

Is It Worth Taking the Risk for a Long-Term Investment?

Considering the wave structure and the long-term trend zone ($2.20), the asset appears to be trying to stay within the trend. The downtrend that began in 2022 might be nearing its end. If it breaks the descending trendlines, the first target would be $3.5. A successful breakout above that level could open the door for

Is It Worth Taking the Risk for a Long-Term Investment? Read More »